United States Job Openings
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Medtronic
Contract Manager, Cardiovascular Pricing & Contracting (MN)
Minneapolis
FULL TIME
October 19, 2024
A Day in the Life
In your role as a Contract Manager at Medtronic, you will embrace a diverse range of duties and opportunities each day. This includes guiding and coaching a team of analysts in their training and development, supporting the analysis, creation, and implementation of go to market pricing and contracting strategies. You will work in close partnership with internal stakeholders such as sales leadership, legal, and project teams, offering insights and advice related to contracts to aid in achieving business goals. You will be tasked with driving changes to boost operational efficiency and addressing intricate, undefined problems through collaboration across the team and business partners. Your role is pivotal in navigating the complexities of contract management and contributing to the company's success.As a Contract Manager at Medtronic, you will play a crucial role in ensuring effective contract acquisition, fulfillment, and management. Your responsibilities will include:
People Leadership
- Leading efforts to attract, develop, and retain individuals who can make critical contributions to organizational success.
- Providing leadership and coaching to employees through timely and candid performance evaluations and supporting meaningful career development activities.
- Leverage resources and adjust staffing levels accordingly to ensure compliance with published service levels and that customer needs are met.
- Championing an environment where the personal worth of employees is recognized and individual differences are respected and leveraged.
- Promoting a workplace that reflects the diversity of customers, patients, and our communities and anticipating the impact of diversity and inclusion in all aspects of work.
- Leading a contracting team in executing pricing strategies, analyzing contract requests, evaluating the appropriate contract strategy, redlining term, and executing contracts.
- Managing the creation and implementation of contracting and sales initiatives, supporting new product launches through go to market strategies, monitoring contract performance, tracking and execution in collaboration with the pricing, sales, marketing, and legal teams.
- Ensuring adherence of the team to all policies governing pricing approvals, compliance with standard operating procedures, legal templates, and company policies.
- Act as a strategic partner, providing contract-related insights and guidance to support business objectives.
Project & Process Improvement
- Provide expert knowledge and insights supporting department projects. Collaborate with teams to develop and review project documentation, training content, and operationalize with the team and business partners.
- Identify inefficiencies, analyze workflows, and propose enhancements to streamline processes. Collaborate with cross-functional teams to implement improvements and drive operational excellence.
Required Qualifications:
- Bachelor’s degree in Business, Law, Finance, or a related field.
- Minimum of 5 years of experience in contract management, negotiation, or a related role.
Nice to Have Qualifications:
- Master’s degree in Business Administration, Law, or a related field.
- Certification in Contract Management (e.g., CPCM, CCCM, or equivalent).
- Experience in the medical device or healthcare industry.
- Familiarity with regulatory requirements and compliance in the healthcare sector.
- Demonstrated ability to drive continuous improvement initiatives.
- Experience with SAP or other enterprise resource planning (ERP) systems.
- Strong project management skills and experience with project management tools.
- Knowledge of data privacy laws and regulations.
- Ability to influence and build strong relationships with stakeholders at all levels.
- Strong understanding of contract law and principles.
- Excellent negotiation, analytical, and problem-solving skills.
- Proficiency in contract management software and Microsoft Office Suite.
- Exceptional attention to detail and ability to manage multiple contracts simultaneously.
- Strong communication skills, both written and verbal.
- Ability to work collaboratively with cross-functional teams.
- Proven track record of managing complex contracts in a fast-paced environment.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):$116,000.00 - $174,000.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
At Medtronic, most positions are posted on our career site for 3-7 days.
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